Employee’s Provident Fund will be Modernized

A budgetary estimate of Rs. 96 crore has been approved by the Central Board of Trustees, Employees’ Provident Fund (CBT, EPF) for the implementation of the first phase of the ‘Modernization Project’ of the Employees’ Provident Fund Organization (EPFO) being implemented in collaboration with National Informatics Centre (NIC).

The first phase of the ‘Modernization project’ has already been implemented in 28 offices of EPFO. It is planned to implement it in the remaining 92 offices of EPFO during this financial year i.e. 2010-11.